Joplin Tornado CUAid At $50,000

For the second time in a month, credit union leaders were counting their blessings there were no injured employees among the victims of another catastrophic tornado that struck Joplin, Mo.

Meanwhile, the industry’s financial support continued to climb with the National Credit Union Foundation recording $50,000 in donations from across the U.S. As it has done several times this spring, including during the northern Alabama calamities in April, NCUA reminded CUs that its disaster relief policy to assist CUs and their members in dealing with local recovery efforts was in place.

The $130 million Postal Community Credit Union of Springfield, Mo., experienced blown windows, a torn roof and broken signs at its Joplin branch.

In addition to Postal, the city’s three other CUs with Joplin branches had damages and remained closed the following Monday with most managing to reopening a day later.